Currencies

It’s time to leave the cult of fiat currency behind, and add some real money to your life. Your future standard of living will thank you.

Only 8% of the world's money exists in a physical state and the following infographic illustrates why and how it eventually meets its end.

Most of the major financial news outlets and many investors have come to rely on the movements of the U.S. Dollar Index as a daily barometer of the U.S. dollar's relative strength and weakness taking it on faith that the Dollar Index is the dollar – pure and simple. In reality, the Index offers a very distortive view of the movement of the dollar against the currencies that matter most. If anything, recent movements of the Index are a reflection of euro weakness rather than dollar strength. Words: 1019

This is the scenario nobody thinks is possible but really, at the end of the day, it’s not like the U.S. can print money and live on debt forever - right? so when something cannot go on forever what happens when it stops?

History clearly shows that when it comes to currencies black swans do happen as the average lifespan of a currency is just 27 years. As such, investors should study currency history and, as part of a smart portfolio, they should protect their hard earned wealth and savings in a defensive fashion. The infographic below documents the history of currency in 10 different countries of significance.

Conspiracy theory notwithstanding, claims that the reserve status of the U.S. dollar unfairly benefits the U.S. are no longer true. On the contrary, it has become a burden, both for America and the world. [Let me explain.] Words: 825

Nobody knows when the final crisis will occur, but like so many times throughout human history we are marching down a narrow path to the final catastrophe of our fiat currency system. [Let me explain why.] Words: 1336

Technically the U.S. left the gold standard in 1971 but, in reality, we abandoned it in 1913 with the creation of the Fed...setting the stage for the collapse of the dollar. [Given that this is] the 100th anniversary of the creation of the Federal Reserve, it seems only fitting that we should present a brief history of the U.S. dollar debasement since then. Words: 1144

With less countries and organizations using the dollar to settle international transactions, it slowly chips away at its hegemony of the U.S. dollar as the world's reserve currency. China is at the epicenter of this transition and is making continued progress in cutting deals outside of the U.S. dollar framework. Deals shown in the infographic are currency flows between countries that have abandoned the dollar in bilateral trade, as well as countries that are considering such measures.

Make no mistake about it, it is the central bankers that are leading governments around by the nose, and by proxy, governments leading people around by the nose, and that “nose” is inhaling “lines” of fiat. Unless cured, all addictions end badly, and the only “cure” central bankers have for ever-increasing fiat is, ever-increasing it more. [You can protect yourself, however, by] demanding less of the valueless fiat and keeping, and growing, your wealth by buying and accumulating real value: physical gold and silver. Anything less, and you are still dealing in the imaginary world that is failing. [This article explains why that is the case.] Words: 834